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Mar 25, 2013
03/13
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stockton in the national spotlight. how the northern california city is about to make financial history today. >>> and the new study in the age of cell phones. the american teenager's love affair with the car may be coming to an end. hazelnut macchiato please. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ [ male announcer ] the new hazelnut macchiato from starbucks. crafted by hand & heart. >>> developing news here in palo alto, northbound caltrain and southbound caltrain delayed because of a fatal accident that happened this morning in mountain view. train northbound 211 did strike and kill a male pedestrian. we have that confirmed with caltrain. now, this intersection was blocked for a while. it looks as if the traffic is beginning to move through but the caltrain service is very much delayed. stay with ktvu. we'll let you know more about the developing news in this situation. >>> a powerful snowstorm is moving toward the east coast this morning. this is what it looked like in kansas and missouri, where up to 9 inches of snow fell
stockton in the national spotlight. how the northern california city is about to make financial history today. >>> and the new study in the age of cell phones. the american teenager's love affair with the car may be coming to an end. hazelnut macchiato please. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ [ male announcer ] the new hazelnut macchiato from starbucks. crafted by hand & heart. >>> developing news here in palo alto, northbound caltrain and southbound caltrain delayed...
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Mar 25, 2013
03/13
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KTVU
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stockton in the national spotlight. how the northern california city is about to make financial history today. >>> and the new study in the age of cell phones. the american teenager's love affair with the car may be coming to an end. please. ♪ ♪ ♪ ♪ [ male announcer ] the new hazelnut macchiato from starbucks. crafted by hand & heart. >>> developing news here in palo alto, northbound caltrain and southbound caltrain delayed because of a fatal accident that happened this morning in mountain view. train northbound 211 did strike and kill a male pedestrian. we have that confirmed with caltrain. now, this intersection was blocked for a while. it looks as if the traffic is beginning to move through but the caltrain service is very much delayed. stay with ktvu. we'll let you know more about the developing news in this situation. >>> a powerful snowstorm is moving toward the east coast this morning. this is what it looked like in kansas and missouri, where up to 9 inches of snow fell over the weekend. in parts of denve
stockton in the national spotlight. how the northern california city is about to make financial history today. >>> and the new study in the age of cell phones. the american teenager's love affair with the car may be coming to an end. please. ♪ ♪ ♪ ♪ [ male announcer ] the new hazelnut macchiato from starbucks. crafted by hand & heart. >>> developing news here in palo alto, northbound caltrain and southbound caltrain delayed because of a fatal accident that happened...
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Mar 25, 2013
03/13
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KPIX
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they plan to say that the city has not done enough to cut spending but stockton faces another million dollar shortfall on july 1st. >>> two men died in a sky diving accident and in zephyr hills, the men did not deploy their parachutes. the student and teacher were jumping separately and the backup parachutes did not have enough time to deflate. this do this every year with sky diving. >>> they went up in flames last night while he was on the court in san jose and the third round of the ncaa tournament. michael carter williams' family was watching the game in the family home north of boston. nobody was hurt and investigators believe the fire started in a wood stove outside. later williams used twitter to update everybody and thanked everybody for prayers and said all that is important is that my family is okay. >>> take a look at this, a couple rescued from a car on top of a roof. coming up, we will explain how it got there. >> plus, we have a winner, winning powerball ticket and where the winning ticket was sold, stay tuned. . >>> los angeles couple had to be rescued with a ladder aft
they plan to say that the city has not done enough to cut spending but stockton faces another million dollar shortfall on july 1st. >>> two men died in a sky diving accident and in zephyr hills, the men did not deploy their parachutes. the student and teacher were jumping separately and the backup parachutes did not have enough time to deflate. this do this every year with sky diving. >>> they went up in flames last night while he was on the court in san jose and the third...
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Mar 25, 2013
03/13
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KGO
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stockton faces a four day fight over whether it can remain under federal bankruptcy protection. the city hopes to avoid claims in state court that will force it to pay more than $300 million in debts. they suffered the sharpest richest to rags swings when the mortgage bubble burst. the city has slashed tens of millions in services and programs but has drawn a line on cutting pensions or retiree benefits. they help to force creditors to settle for a fraction of what they are owed. >> about 5:54 on this monday. is there a chance of rain? we will check with our meteorologist. lisa? >> we do not is a great chance. it looks like we are getting cooler conditions, but rain? you know...it is really looking like, again, pushing back toward the end of the work week. starting out with some fog in the not bay, at half moon bay, and novato and santa rosa, and a mile in napa but everyone else, it is a warmer start. this afternoon we are talking about cooler. it will be gusty at times. upper 50's in san francisco. 65 in oakland. 68 in morgan hill. a few extra clouds if you want the warmth, sou
stockton faces a four day fight over whether it can remain under federal bankruptcy protection. the city hopes to avoid claims in state court that will force it to pay more than $300 million in debts. they suffered the sharpest richest to rags swings when the mortgage bubble burst. the city has slashed tens of millions in services and programs but has drawn a line on cutting pensions or retiree benefits. they help to force creditors to settle for a fraction of what they are owed. >> about...
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Mar 25, 2013
03/13
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KPIX
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if the court finds the city has done everything possible to pay its debts, stockton would become the largest city in the country to go bankrupt. creditors against stockton chapter 9 protection plan says the city has not done enough to cut spending. >>> your time is 5:47. later this morning we may find out who is that big winner in new jersey who hit the power ballotly. lottery officials will release details of saturday's $338 million drawing at 7:00 a.m.. one ticket matched all six numbers and that ticket was sold in new jersey. now the lump sum cash option $211 million. power ball is coming here to california on april 8th. >> so fun to think about how you would spend that money. >> yeah. >>> 5:48 is the time. sal. >> i think you know what i would do, i would have vast catering for all of us here on the morning show every day. we'd get all kinds of stuff. >> then we would know. i don't think i would anyone to know i won. >> that is true. i'll cross that problem when i have it. good morning, everybody. it's fun to think about but it's time to get to work. right now traffic is doing pr
if the court finds the city has done everything possible to pay its debts, stockton would become the largest city in the country to go bankrupt. creditors against stockton chapter 9 protection plan says the city has not done enough to cut spending. >>> your time is 5:47. later this morning we may find out who is that big winner in new jersey who hit the power ballotly. lottery officials will release details of saturday's $338 million drawing at 7:00 a.m.. one ticket matched all six...
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Mar 25, 2013
03/13
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KTVU
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if the court finds the city has done everything possible to pay its debts, stockton would become the largest city in the country to go bankrupt. creditors against stockton chapter 9 protection plan says the city has not done enough to cut spending. >>> your time is 5:47. later this morning out who is that big winner in new jersey who hit the power ballotly. lottery officials will release details of saturday's $338 million drawing at 7:00 a.m.. one ticket matched all six numbers and that ticket was sold in new jersey. now the lump sum cash option $211 million. power ball is coming here to california on april 8th. >> so fun to think about how you would spend that money. >> yeah. >>> 5:48 is the time. sal. >> i think you know what i would do, i would have vast catering for all of us here on the morning show every day. we'd get all kinds of stuff. >> then we would know. i don't think i would anyone to know i won. >> that is true. i'll cross that problem when i have it. good morning, everybody. it's fun to think about but it's time to get to work. right now traffic is doing pretty well if
if the court finds the city has done everything possible to pay its debts, stockton would become the largest city in the country to go bankrupt. creditors against stockton chapter 9 protection plan says the city has not done enough to cut spending. >>> your time is 5:47. later this morning out who is that big winner in new jersey who hit the power ballotly. lottery officials will release details of saturday's $338 million drawing at 7:00 a.m.. one ticket matched all six numbers and...
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Mar 25, 2013
03/13
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KTVU
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they plan to say that the city has not done enough to cut spending but stockton faces another million dollar shortfall on july 1st. >>> two men died in a sky diving accident and in zephyr hills, the men did not deploy their parachutes. the student and teacher were jumping separately and the backup parachutes did not have enough time to deflate. this do this every year with sky diving. >>> they went up in flames last night while he was on the court in san jose and the third round of the ncaa tournament. michael carter williams' family was watching the game in the family home north of boston. nobody was hurt and investigators believe the fire started in a wood stove outside. later williams used twitter to update everybody and thanked everybody for prayers and said all that is important is that my family is okay. >>> take a look at this, a couple rescued from a car on top of a roof. coming up, we will explain how it got there. >> plus, we have a winner, winning powerball ticket and where the winning ticket was sold, stay tuned. . >>> los angeles couple had to be rescued with a ladder aft
they plan to say that the city has not done enough to cut spending but stockton faces another million dollar shortfall on july 1st. >>> two men died in a sky diving accident and in zephyr hills, the men did not deploy their parachutes. the student and teacher were jumping separately and the backup parachutes did not have enough time to deflate. this do this every year with sky diving. >>> they went up in flames last night while he was on the court in san jose and the third...
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Mar 25, 2013
03/13
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FOXNEWSW
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how is that possible, little stockton? if you look at the map in california everybody was moving out in san francisco, properties were too high there, same with palo at torques silicon valley, they moved to stockton. what could happen in detroit unless they start cutting more. if detroit has to file for chapter 9 bankruptcy municipal that would make headlines around the world and kind prus would be booted off the front page. >> that's what they are trying to do and -- >> the mayor and the city council loose all the authority they shr-fplt they've been trying and they can't do that. they can't negotiate contracts because a lot of them are involved in a roundabout way with the contracts originally put forth. he'll come in and say listen you're going to cut the spending right here or we are going bankrupt. he's come out and said i've been through bankruptcy before i'm okay going through it again in detroit. >> reverend jesse jackson calling for massive demonstrations gains him today. we'll see what happens. bill: new developm
how is that possible, little stockton? if you look at the map in california everybody was moving out in san francisco, properties were too high there, same with palo at torques silicon valley, they moved to stockton. what could happen in detroit unless they start cutting more. if detroit has to file for chapter 9 bankruptcy municipal that would make headlines around the world and kind prus would be booted off the front page. >> that's what they are trying to do and -- >> the mayor...
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Mar 25, 2013
03/13
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KGO
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. >> right now the city of stockton in federal court is poised to become the largest city in the nation to enter bankruptcy. they face a four-day fight over the chapter 9 bankruptcy petition. creditors are challenging the move. for years the city based salaries and benefits and borrowing on anticipated developer fees and increasing property tax revenue but that vanished when the mortgage bubble burst and slashed tens in millions in services and programs but drew the line at cutting pensions or retiree benefits. >> mike is off but lisa is here with the forecast. >> it has been cloudy and cool this morning. we are seeing some sunshine in parts of the bay but still looking mild out there. don't want to give it all away we have the last week of march, easter week, and that is all straight ahead. >> plus, a new warning from medical experts, what many new mothers are doing too soon. >> the mystery deepens over who won one of the biggest >> cupertino, wine country and all the bay area this is abc7 news. >> study suggests many mothers give their baby solid food way too soon. the centers for dis
. >> right now the city of stockton in federal court is poised to become the largest city in the nation to enter bankruptcy. they face a four-day fight over the chapter 9 bankruptcy petition. creditors are challenging the move. for years the city based salaries and benefits and borrowing on anticipated developer fees and increasing property tax revenue but that vanished when the mortgage bubble burst and slashed tens in millions in services and programs but drew the line at cutting...
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Mar 25, 2013
03/13
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a historic financial decision for stockton possibly coming today. the reason some say the city does not deserve the right to file for bankruptcy. >>> we're live in san jose where police are searching for a man they say brutally stabbed and killed his exgirlfriend. we have just spoken to the victim's family. we'll tell you what they have to say and the latest on the police investigation. >>> a lot of high and mid level clouds. it will be cooler today. 50nd and 60s. partly sunny skies. a few low 70s. >>> welcome back. good morning, to you. here's a quick look at some of the top stories we are following for you right now at 6:46. police in hayward arrested three people over night after this high speed chase into oakland. the driver was wanted for reckless driving. police say the three may be involved in a drive by shooting yesterday afternoon that anywhered an innocent bystanders. >>> the coast guard culled off a search for a man who disappeared while playing in the surf near half-moon bay. 22-year-old carlos javier lopez was playing soccer with friend
a historic financial decision for stockton possibly coming today. the reason some say the city does not deserve the right to file for bankruptcy. >>> we're live in san jose where police are searching for a man they say brutally stabbed and killed his exgirlfriend. we have just spoken to the victim's family. we'll tell you what they have to say and the latest on the police investigation. >>> a lot of high and mid level clouds. it will be cooler today. 50nd and 60s. partly sunny...
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Mar 25, 2013
03/13
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KPIX
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a historic financial decision for stockton possibly coming today. the reason some say the city does not deserve the right to file for bankruptcy. >>> we're live in san jose where police are searching for a man they say brutally stabbed and killed his exgirlfriend. we have just spoken to the victim's family. we'll tell you what they have to say and the latest on the police investigation. >>> a lot of high and mid level clouds. it will be cooler today. 50nd and 60s. partly sunny skies. a few low 70s. >>> welcome back. good morning, to you. here's a quick look at some of the top stories we are following for you right now at 6:46. police in hayward arrested three people over night after this high speed chase into oakland. the driver was wanted for reckless driving. police say the three may be involved in a drive by shooting yesterday afternoon that anywhered an innocent bystanders. >>> the coast guard culled off a search for a man who disappeared while playing in the surf near half-moon bay. 22-year-old carlos javier lopez was playing soccer with friend
a historic financial decision for stockton possibly coming today. the reason some say the city does not deserve the right to file for bankruptcy. >>> we're live in san jose where police are searching for a man they say brutally stabbed and killed his exgirlfriend. we have just spoken to the victim's family. we'll tell you what they have to say and the latest on the police investigation. >>> a lot of high and mid level clouds. it will be cooler today. 50nd and 60s. partly sunny...
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Mar 26, 2013
03/13
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KICU
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it would allow stockton to avoid paying debts in full. >>> a former catholic priest who once worked in the bay area, was released from an irish prison. 77-year-old patrick joseph mckay pleaded guilty friday to abusing two boys more than 30 years ago, and was sentenced to 18 months in prison. this weekend a judge released him citing his age and that he already served 21 months for abusing other boys. he worked in the santa rosa diocese in the 1980s and was forced to resign amid- allegations he molested four young parishioners. >>> still tracking a chance of showers. i will detail the day by day outlook. >>> in two minutes ... >> how young is too young for solid [ female announcer ] safeway presents real big deals of the week. or how to get great prices on things you need for easter. we know you look around for the best deals, that's why we give you real big club card deals each week. right now a juicy smoked shank half ham is just 99 cents a pound. let's bake. safeway sugar is $1.97 for four pounds. and chobani greek yogurt is just a buck. real big deals this week and every week. only a
it would allow stockton to avoid paying debts in full. >>> a former catholic priest who once worked in the bay area, was released from an irish prison. 77-year-old patrick joseph mckay pleaded guilty friday to abusing two boys more than 30 years ago, and was sentenced to 18 months in prison. this weekend a judge released him citing his age and that he already served 21 months for abusing other boys. he worked in the santa rosa diocese in the 1980s and was forced to resign amid-...
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Mar 26, 2013
03/13
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KTVU
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it would allow stockton to avoid paying debts in full. >>> a former catholic priest who once worked in the bay area, was released from an irish prison. 77-year-old patrick joseph mckay pleaded guilty friday to abusing two boys more than 30 years ago, and was sentenced to 18 months in prison. this weekend a judge released him citing his age and that he already served 21 months for abusing other boys. he worked in the santa rosa diocese in the 1980s and was forced to resign amid- allegations he molested four young parishioners. >>> still tracking a chance of showers. i will detail the day by day outlook. >>> in two minutes ... >> how young is too young for solid food. why many babies are getting solid food too early. >>> debating the cost of clean power why the price of going green could be lost jobs [ female announcer ] safeway presents real big deals of the week. or how to get great prices on things you need for easter. we know you look around for the best deals, that's why we give you real big club card deals each week. right now a juicy smoked shank half ham is just 99 cents a pound.
it would allow stockton to avoid paying debts in full. >>> a former catholic priest who once worked in the bay area, was released from an irish prison. 77-year-old patrick joseph mckay pleaded guilty friday to abusing two boys more than 30 years ago, and was sentenced to 18 months in prison. this weekend a judge released him citing his age and that he already served 21 months for abusing other boys. he worked in the santa rosa diocese in the 1980s and was forced to resign amid-...
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Mar 25, 2013
03/13
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. >> right now the city of stockton in federal court is poised to become the largest city in the nation to enter bankruptcy. they face a four-day fight over the chapter 9 bankruptcy petition. creditors are challenging the move. for years the city based salaries and benefits and borrowing on anticipated developer fees and increasing property tax revenue but that vanished when the mortgage bubble burst and slashed tens in millions in services and programs but drew the line at cutting pensions or retiree benefits. >> mike is off but lisa is here with the forecast. >> it has been cloudy and cool this morning. we are seeing some sunshine in parts of the bay but still looking mild out there. don't want to give it all away we have the last week of march, easter week, and that is all straight ahead. >> plus, a new warning from medical experts, what many new mothers are doing too soon. >> the mystery deepens over who won one of the biggest power >> cupertino, wine country and all the bay area this is abc7 news. >> study suggests many mothers give their baby solid food way too soon. the centers f
. >> right now the city of stockton in federal court is poised to become the largest city in the nation to enter bankruptcy. they face a four-day fight over the chapter 9 bankruptcy petition. creditors are challenging the move. for years the city based salaries and benefits and borrowing on anticipated developer fees and increasing property tax revenue but that vanished when the mortgage bubble burst and slashed tens in millions in services and programs but drew the line at cutting...
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Mar 25, 2013
03/13
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KRON
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and and stockton is poised to become the most populous city in the nation to enter bankruptcy when its trial begins today in federal court. creditors who lent stockton money are challenging its chapter 9 bankruptcy petition, but most observers say the city of 300,000 will be successful. its largest creditors are bond insurers who helped the city refinance pension debt. police in south san francisco are searching for a serial arsonist who started three fires in the city over the weekend. police said two fires were lit in orange park on memorial drive and a third was started near the 500 block of el camino real. fiske all three fires were quickly extinguished and caused little damage, police said. no suspect information was immediately available. police search for arsonist this weekend police said two fires were lit in orange park on immediately available. the san mateo county sheriff's office is warning rash of 'door-knock' burglaries that have occurred in residential neighborhoods around san according to the sheriff's office, potential burglars have been approaching homes and knocking
and and stockton is poised to become the most populous city in the nation to enter bankruptcy when its trial begins today in federal court. creditors who lent stockton money are challenging its chapter 9 bankruptcy petition, but most observers say the city of 300,000 will be successful. its largest creditors are bond insurers who helped the city refinance pension debt. police in south san francisco are searching for a serial arsonist who started three fires in the city over the weekend. police...
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Mar 25, 2013
03/13
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KRON
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creditors who lent stockton money are challenging its chapter 9 bankruptcy petition, but most observers say the city of 300,000 will be successful. its largest creditors are bond insurers who helped the city refinance pension debt. >> we are seeing changes with the wind coming off the ocean and increase with clouds.hall signs of changes. even wet weather. temperatures are cooling to 50 degrees in san francisco fairfield, brentwood. low clouds coming off the ocean. tomorrow you will see gray skies but as we go for the afternoon some high clouds with clouds and gusting winds will be expected. and on the in income if chance for rainfall. new york's coney island is now open for business. today senator chuck schumer the start of the park's season. coney island opens the week before easter every year. but this year a lot of work had to be done to the electrical system that was damaged during superstorm sandy. officials say that today's celebrations serve as a reminder to renew their focus on recovering from the devastating storm. police in georgia say an anonymous tip helped them death of a 1
creditors who lent stockton money are challenging its chapter 9 bankruptcy petition, but most observers say the city of 300,000 will be successful. its largest creditors are bond insurers who helped the city refinance pension debt. >> we are seeing changes with the wind coming off the ocean and increase with clouds.hall signs of changes. even wet weather. temperatures are cooling to 50 degrees in san francisco fairfield, brentwood. low clouds coming off the ocean. tomorrow you will see...
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Mar 26, 2013
03/13
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KNTV
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stockton was slammed hard when the real estate bubble burst which flooded the market with foreclosures and sent housing prices down by 70%. they will try to determine if the city negotiated with its creditors in good faith before filing for chapter 9 protection. the creditors stand to recover more of their money if the city does not declare bankruptcy. >>> u.s. lawmakers ripped the nra with what the organization is accused of doing in the wake of the newtown shooting. >>> an exclusive jailhouse interview with jerry sandusky. his side of the story and the one witness he says got it wrong. >>> plus -- >> a march from decastro to san francisco's city hall is about to get under way. i'm cheryl heard. that story coming up. >>> less than 24 hours from now, those for and against same-sex marriage will be arguing before the highest court in the land. tomorrow's supreme court hearing on california's voter approved ban on same-sex marriage has been a long time in coming. >> medicolegal experts predict it will be a roe versus wade moment for the lgb community, but both sides planning demonstratio
stockton was slammed hard when the real estate bubble burst which flooded the market with foreclosures and sent housing prices down by 70%. they will try to determine if the city negotiated with its creditors in good faith before filing for chapter 9 protection. the creditors stand to recover more of their money if the city does not declare bankruptcy. >>> u.s. lawmakers ripped the nra with what the organization is accused of doing in the wake of the newtown shooting. >>> an...
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Mar 20, 2013
03/13
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KNTV
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most people think it's kind of a crazy idea like tracie or stockton would be a better place to have veteran housing but why not here. >> the plan for veteran housing is a long way from becoming a reality. heaton must get to the owners of the land, convince them to sell it and the city to build housing. >>> this will break your heart. a few months after he beat lymphoma, a 6-year-old boy is fighting for his life again against leukemia. he needs a bone marrow transplant to save his life. the leukemia is aggressive and chemotherapy will not cure it. the family has been told there are not many people of hispanic descent in the current database. finding a match will be extremely challenging. eduardo's classmates and teachers are spreading the word about finding a bone marrow match. the family hopes their son's story will inspire others to answer the call. >> i'm really convinced we can find it and save him and do whatever we need to do to convince the people to do the test. >> a bone marrow drive for eduardo will happen at river glen school next friday march 29th. it will start at 2:30 in the af
most people think it's kind of a crazy idea like tracie or stockton would be a better place to have veteran housing but why not here. >> the plan for veteran housing is a long way from becoming a reality. heaton must get to the owners of the land, convince them to sell it and the city to build housing. >>> this will break your heart. a few months after he beat lymphoma, a 6-year-old boy is fighting for his life again against leukemia. he needs a bone marrow transplant to save his...
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Mar 23, 2013
03/13
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KGO
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the coach returning after 25 years guiding tigers in stockton. miami just too talented. shane larkin, how do you like neon sneakers? up 21 at the break. miami moving on 78-49. major upset here. explorers led by 18 at the half. 30 seconds left, foul on the rebound and wright sinks them both. kansas state, for the tie that is way off. la salle pulls off the upset. rebels up, three. marshal henderson from downtown. then with a minute left nick williams to henderson. people had badgers as final four sleepers goodbye, ole miss meeting la salle next. tomorrow night cal looks to move onto the sweet 16 but they will have to beat syracuse in order to get there. the bears love respect that would come back with a win. >> it's a great opportunity to put ourselves on that national scale with teams like kansas, north carolina and duke. >> i feel like we're in the tournament for a reason and knew we're going to play teams like this. >> sabre cats begin with a new quarterback because mark green retired. abc 7's mike shumann introduces us to the new man under sent year garcia going deep.
the coach returning after 25 years guiding tigers in stockton. miami just too talented. shane larkin, how do you like neon sneakers? up 21 at the break. miami moving on 78-49. major upset here. explorers led by 18 at the half. 30 seconds left, foul on the rebound and wright sinks them both. kansas state, for the tie that is way off. la salle pulls off the upset. rebels up, three. marshal henderson from downtown. then with a minute left nick williams to henderson. people had badgers as final...
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Mar 25, 2013
03/13
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KGO
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. >> stockton is fighting to become the largest u.s. city to file for bankruptcy. they base their budget on anticipated developer fee skpinz creasing tax revenues but that vanish whtd mortgage bubble burst. creditors more could have been done to cut employee pensions. the trial is expected to last four day autos freezing temperatures and snow could not detour dozens of people in washington hoping to hear the high court take up the two gay marriage cases tomorrow. you can see them huddled under umbrellas and tarps. the lines began forming on thursday with some people paying others to hold their place in line. the court seats about 500 people and 50 seats are expected to go to the public. tickets are handed out on a first come, first served basis. >> marriage equality advocates will meet for a rally at harvey milk plaza at the castro. then at 7:00 will march for a second rally starting at 8:00. abc 7 news mark matthews is in the news wroom a preview of the arguments. >> the bay area has a lot of interest as you know in the hearing. san francisco among the first citie
. >> stockton is fighting to become the largest u.s. city to file for bankruptcy. they base their budget on anticipated developer fee skpinz creasing tax revenues but that vanish whtd mortgage bubble burst. creditors more could have been done to cut employee pensions. the trial is expected to last four day autos freezing temperatures and snow could not detour dozens of people in washington hoping to hear the high court take up the two gay marriage cases tomorrow. you can see them huddled...
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Mar 26, 2013
03/13
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FOXNEWSW
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. >> stockton, california now. the largest u.s. city to file for bankruptcy. lawyers for the central valley city of 300,000 people are filing chapter 9 to see how it will pay in the pension fund which is the top debt. >> we have stories you can bank on this morning. bad news for your wallet. while many of us are making less than we were four years ago, joining us now to explain why is lauren simonetti from the fox business network. >> what's the primary reason here? >> there is a few reasons mostly because it costs more money. i am going to show you some numbers. they are really startling. when it feels like we are not making money we always say that. when you look at the data we are not. median household income is over 51,000 dollars. take a look at that on a time line. 6 percent less than when the economic recovery began in summer of 2009 and less than when the recession started. obviously we are not making enough money. all of this data comes from research. they also say one of the key reasons speegsly now because - especially now. saw a $600 drop between f
. >> stockton, california now. the largest u.s. city to file for bankruptcy. lawyers for the central valley city of 300,000 people are filing chapter 9 to see how it will pay in the pension fund which is the top debt. >> we have stories you can bank on this morning. bad news for your wallet. while many of us are making less than we were four years ago, joining us now to explain why is lauren simonetti from the fox business network. >> what's the primary reason here? >>...
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Mar 24, 2013
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in 90 minutes a rally will be held at the post office on stockton street in san francisco. it will be one of many rallies held across the country. today's day of action is being held to try to save the six-day service now in place. in december the postal service announced it would stop saturday service by late summer. postal workers say that is not a good idea because they say people depend on their mail and say eliminating a day of delivery will hit small communities and businesses the hardest. >>> the home improvement chain lowe's is accused of discrimination in san francisco. lowe's opened a shore on bayshore boulevard in 2010 but the chronicle is reporting that six current and former employees have filed a lawsuit. they say lee's hired minority employees to comply with a agreement that allowed that store to be built. however, they say the management fired those employees once the store opened. lowe's declined to comment but has insisted that it is in full compliance with city regulations. >>> the city of san jose is expected to approve adds 7 million incentive for samsu
in 90 minutes a rally will be held at the post office on stockton street in san francisco. it will be one of many rallies held across the country. today's day of action is being held to try to save the six-day service now in place. in december the postal service announced it would stop saturday service by late summer. postal workers say that is not a good idea because they say people depend on their mail and say eliminating a day of delivery will hit small communities and businesses the...
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Mar 22, 2013
03/13
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david stockton outlined a strategy in the 1980's. evenight wing noted that through republican presidents like eisenhower and nixon, you could not cut popular programs like social security or medicare. and government grew at a slower rate. they can love with a strategy of starving the bees. -- they came up with a strategy of starving. the starving -- they huge deficits sta up with a strategy of rving the beast. creating huge deficits. republicans deny care about deficit at all -- do not care about deficits at all. what they do care about is cutting government. to quote grover norquist, it can b t in a bath tu [indiscernible] they call it something else but it would destroy both programs. their goal is to destroy government. corporations paid on average 40% of profits for taxes. arey large corporations 12ing about fall% -- about %. they ryan budget would lower that further. millionaires with a $200,000 tax cut -- would get a 200,000 todollar tax curt. t. host: a tweet -- is true.at if you looked at the budget, we have not had in the gr
david stockton outlined a strategy in the 1980's. evenight wing noted that through republican presidents like eisenhower and nixon, you could not cut popular programs like social security or medicare. and government grew at a slower rate. they can love with a strategy of starving the bees. -- they came up with a strategy of starving. the starving -- they huge deficits sta up with a strategy of rving the beast. creating huge deficits. republicans deny care about deficit at all -- do not care...
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Mar 25, 2013
03/13
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and after years of struggle stockton is poised to become the most popular city and the answin then to enter bankruptcy when its trial begins tuesday in federal court. creditors to when stock and money are challenging its chapter 9 bankruptcy petition but most observers say the city of 300,000 will be successful. its largest creditors are by the answer is to help the city refinance pension that. police incenses the are searching for a serial arsonist who started three fires in the city over the weekend. police said two fires were lit in large part on memorial drive and a third was started near the 500 block of el camino real out. all three fires were strictly distinguished and caused little damage police said. no suspects information was immediately available. >> traffic moving smoothly and both areas of the bridge, we will be back. new nehoney bunches of oats greek yogurt and whole grain. herehe we go. honehoy corncoflakes and chunks of greek yogurt. i'i'm tasting both the yogurt and the honey at the same time. i'm like digging this yogurt thing. i feelfe healthy. new how ney buy hes
and after years of struggle stockton is poised to become the most popular city and the answin then to enter bankruptcy when its trial begins tuesday in federal court. creditors to when stock and money are challenging its chapter 9 bankruptcy petition but most observers say the city of 300,000 will be successful. its largest creditors are by the answer is to help the city refinance pension that. police incenses the are searching for a serial arsonist who started three fires in the city over the...
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Mar 26, 2013
03/13
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FOXNEWSW
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a bankruptcy battle is underway in stockton, california, the most populated u.s. city to file for chapter 9 bankruptcy. lawyers argue that is the only option for the failing city but creditors disagree and are taking him to court. >>brian: charles payne, fox's business network guy, filling in for stuart varney this week. what do you think, charles? >> i think it is the only option. it is hard to argue these guys haven't tried. 25% of the police officers are gone, 40% of city hall is gone. they dug themselves into an amazing hall. what happened was you had a situation where you had typical government spending particularly at a local level which by the way sofpb more outrageous -- is often more outrageous than what we see in washington, d.c. combine that with the steroids of a housing boom. the average house there went from $100,000 to $400,000. from 2000 to 2006, talk about a county and city feeling flush. they made am mazing obligations and amazing promises. they built a hockey arena. they thought they would have a semi prosports league. >>steve: sky was the limit
a bankruptcy battle is underway in stockton, california, the most populated u.s. city to file for chapter 9 bankruptcy. lawyers argue that is the only option for the failing city but creditors disagree and are taking him to court. >>brian: charles payne, fox's business network guy, filling in for stuart varney this week. what do you think, charles? >> i think it is the only option. it is hard to argue these guys haven't tried. 25% of the police officers are gone, 40% of city hall is...